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In light of its distinct approach to decentralized streaming, investors who own Avalanche (AVAX) and Ripple (XRP) are becoming more interested in DeeStream (DST). While Ripple (XRP) is taking care of legal matters, Avalanche (AVAX) is becoming more productive. DeeStream (DST) has investors interested because it prioritizes speedier transactions and decentralized governance. The presale price for DeeStream (DST) is $0.035, and there are predictions that the token’s value may increase by 25x, suggesting that more people are gaining interest in decentralized streaming services.
Ripple (XRP) – Navigating Challenges
Despite facing a weekly decline of nearly 2%, Ripple (XRP) holds ground above the crucial $0.50 mark. Ripple’s legal battle with the SEC continues, with a request for a one-week extension on the February 12 deadline. Analysts are closely watching the significance of the On-Demand Liquidity (ODL) corridor, both in the US and Asia. Ripple (XRP)’s initial vision of serving as a bridge currency faces challenges, with limited traction in the US and Asia. The technical analysis suggests a downtrend for Ripple (XRP), posing a risk of correction. The current focus is on the $0.5272 resistance level for a potential shift in the bearish scenario.
Avalanche (AVAX) – Scaling New Heights
Avalanche (AVAX) catches investors’ attention with a notable price jump from $27.00 to $34.00. This surge is attributed to a significant increase in Total Value Locked (TVL), making Avalanche (AVAX) a preferred choice. Emphasizing scalability without compromising decentralization or security, Avalanche’s near-instant transaction finality positions it as a leader in blockchain efficiency. The positive trajectory of the Moving Average Convergence Divergence (MACD) and a 70% price increase last year contribute to its appeal as a promising altcoin investment.
DeeStream (DST) – Decentralized Streaming Sparks Enthusiasm
DeeStream (DST) is gaining attention in the crypto and streaming communities due to its unique approach to decentralized streaming. It aims to address issues faced by traditional platforms and stands out as a possible solution. The platform distinguishes itself through its relaxed approach to regulations, quicker transactions, and transparent governance model, setting it apart from mainstream alternatives. With a reasonable presale price of $0.035, DST presents an appealing investment opportunity. Presale token holders not only secure tokens at a favorable price but also share in the platform’s transaction fee revenue.
DST is a new streaming platform on Web3 that’s not controlled by a single authority. It’s different from the existing ones because it focuses on being open and easy to use, giving more power to the people who create content. The growing interest in DeeStream (DST) shows a shift towards decentralized streaming platforms, making it a potentially good investment. People are talking about the possibility of DeeStream’s value going up 25x, creating excitement about the chance to make a lot of money in the changing crypto market.
Find out more about the DeeStream (DST) presale by visiting the website here
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
